Bharat Express

Business news

The average tariff of the company was Rs 4.57 per unit during April-December this fiscal compared to Rs 4.96 per unit a year ago.

Among the Sensex firms, Sun Pharma, Axis Bank, Kotak Mahindra Bank etc. were the major gainers.

"Once we sign the implementation plan, we will move into the implementation phase," Shrestha said.

Bofa Securities Europe SA also disposed of shares in TVS Motor Company, Dabur India, and Page Industries. The shares were sold in the price range of Rs 36,398-238.75 apiece.

The improvement in inflation expectations is particularly marked for Europe and the US.

The basic import duty on refined soyabean oil and sunflower oil was cut to 12.5 per cent from 17.5 percent, in June last year.

The domestic currency settled 1 paisa higher at 83.14 on Monday, a day after gaining 9 paise.

A positive cue from domestic equity markets and sustained buying by foreign institutional investors also supported the Indian currency, forex traders said.

The secretary said that areas like the ready-to-eat food segment have huge potential to grow.  He also urged the industry to focus on the technical standard requirements of importing countries. 

As per the bank's internal business classification, domestic retail loans grew around 111 per cent over December 31, 2022 and around 3 per cent over September 30, 2023.